--- Chirag Kasbekar <[EMAIL PROTECTED]> wrote: > Anybody willing to pick holes in this one? > The Mirage of Progress > The past 20 years have > been an abject economic failure for most countries,
In fact, during the past 20 years, some economies (Hong Kong, Taiwan) have grown rapidly while others (Argentina, Zaire) have sunk into decay and poverty. So global averages don't provide any insight. The project "Economic Freedom of the World" demonstrates what theory also concludes, that economies with more economic freedom have greater growth. So it is not trade but domestic interventions that keep economies poor. See http://www.freetheworld.com Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Yahoo! Sports - live college hoops coverage http://sports.yahoo.com/
